Joel Embiid Inks 4-Year, $196 Million Supermax Extension With 76ers

Joel Embiid with the 76ers in 2018
Joel Embiid with the 76ers in 2018. Photo by Rob Sambles/Frozen in Motion/REX/Shutterstock (9306399az)

All-Star center Joel Embiid won’t be leaving Philadelphia anytime soon. Embiid agreed to a new supermax extension with the 76ers that will keep him with the franchise through the 2026-27 NBA season.

According to reports, Embiid’s new deal is for four years, and $196 million. It is fully guaranteed and includes a player option for the final year. The 27-year-old player still has two years remaining on the five-year, $148 million rookie extension he signed back in 2017.

The 76ers confirmed the agreement on social media but opted not to disclose the details of the contract.

Embiid became eligible for the supermax extension this summer after finishing second in the MVP voting for the 2020-21 NBA season and being selected to the All-NBA Second Team for the third time in his career. The past season was his best from a statistical standpoint, as he averaged a career-high 28.5 points. He also added 10.6 rebounds and 2.8 boards per contest.

Embiid also had a strong outing in the playoffs, averaging 28.1 points and 10.5 rebounds per game despite playing with a meniscus tear. But this wasn’t enough for the 76ers to make a deep postseason run, as they got eliminated by the Atlanta Hawks in seven games in the Eastern Conference Semis.

After locking their franchise cornerstone, the Philadelphia 76ers will most likely turn their focus to All-Star point guard Ben Simmons. But it will be for another reason.

Philly is reportedly looking to trade Simmons after his poor playoff performances and has been actively shopping the 25-year-old guard. Several teams are reportedly interested in dealing with the 76ers but haven’t yet been ready to pay the asked price, believed to be a combination of picks and star players.